Abhijit Trading Company Ltd — Board Meeting, 29-05-2025: Board Meeting

Abhijit Trading Co Ltd has announced a board meeting to consider and approve the financial results for the quarter and half-year ended March 31, 2025. The company appointed M/s V R S K & Associates as the new statutory auditor following the resignation of M/s H K Chhabra & Co due to unavailability. The audited financial results show continuing operations with a loss before tax and no extraordinary items. The company holds substantial loans given and borrowed, with major unsecured loans converted into equity during the year to address financial constraints. The auditor confirmed the adequacy and effectiveness of the company’s internal financial controls and reported no material misstatements or fraud. No material litigation, cash losses, or related party transactions were noted, and the company remains compliant with applicable laws.